By Scott Krauthamer and Robert Milano
During the coronavirus downturn and rebound, US growth stocks outpaced value stocks by a record margin. Now growth stocks seem expensive, but that depends on how you look at it. So are these trends likely to continue-and how should investors position across different equity styles?
US growth stocks surged for much of 2020. One of the most extreme examples is Apple (AAPL), which is now worth more than $2 trillion. Through August 18th, the Russell 1000 Growth Index advanced by 23.4%, outperforming the Russell 1000 Value Index by about